Established Dance Studio In Collin County TX

Collin County, TX

Established Dance Studio In Collin County TX

Asking Price:$59,000

Cash Flow:$34,613

Gross Revenue:$264,351

EBITDA:N/A

FF&E:$20,000

Inventory:N/A

Established:1992

Established Dance Studio In Collin County TX

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Business Description

REDUCED TO 2X Discretionary Earnings - The popularization of dance-inspired television shows and rising interest in dance as an alternative form of exercise has positively impacted the Dance Studios industry over the past five years. The industry also benefited from an expanding US economy, as rising disposable income and employment resulted in a steady increase in consumers spending on dance instruction.

The dance studio that we have listed for sale has been in existence under the same ownership since 1992. It continues to experience aggressive growth and has recently expand their studio space so that they can accommodate its ever growing student base. It has received numerous regional industry awards as is recognized as the best dance academy in Collin County (Texas). The owner owns the building and will remain as Landlord, thus ensuring a smooth transition and a continuing interest in the studio's success. Please contact Jeff of VR Business Brokers at 214-733-8282, or email him at jeffg@vrdallas.com to learn more about this opportunity.

Detailed Information

Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing building that includes all of the finest equipment
Competition:
The studio has successfully operated as the best dance studio for 24 years, which gives this studio a distinct advantage over the competition. It is located in the best demographic & largest county in the state, thus having a wide market to advertise this studio's services.
Growth & Expansion:
Being located in a growing region should assist this business in frowing to higher revenue levels.An additional studio, it's third is to be operational in 2016.
Support & Training:
Owner will provide the training & support necessary to ensure the success of a new owner
Reason for Selling:
Wants to focus on other endeavors

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Jeff Goldblatt

Business Listed By:
Jeff Goldblatt

VR Business Brokers

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Sponsoring Broker:
Larry Lane

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